Sula Vineyards Ltd (SULA)
₹496.5▲0.96%
Sula Vineyards Ltd share Performance
- ₹493.25₹498.85₹496.5
0.65%
Low
Day's Volatility:1.13%
High
0.47%
- ₹395.1₹699₹496.5
20.42%
Low
52 Weeks Volatility:61.21%
High
40.79%
| Returns % | |
| 1 Month Return | -12.16 % |
| 3 Month Return | -20.36 % |
| 1 Year Return | 14.85 % |
| Market Stats | |
| Previous Close | ₹491.80 |
| Open | ₹495.00 |
| Volume | 2.07L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹4,150.12Cr |
Analyst Rating
based on 4 analysts
Based on 4 analysts offering long term price targets for Sula Vineyards Ltd. An average target of ₹628.5
Source: S&P Global Market Intelligence
Company Information
Sula Vineyards is led by CEO Rajeev Samant, who has been at the helm since its inception. The company has grown significantly over the years and now has over 1,500 acres of vineyards across India. It produces a variety of wines, including Sauvignon Blanc, Chenin Blanc, Zinfandel, Cabernet Sauvignon, Shiraz, and Merlot. Its top products include Sula Brut, Sula Brut Rosé, and Sula Sauvignon Blanc.
Share Price: ₹496.50 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹4,150.12Cr as of today
Revenue: ₹122.52Cr as on March 2024 (Q1 24)
Net Profit: ₹13.55Cr as on March 2024 (Q1 24)
Listing date: 22 Dec, 2022
Chairperson Name: Chetan Desai
| Organisation | Sula Vineyards Ltd |
| Headquarters | |
| Industry | Alcoholic Beverages |
| E-voting on shares | Click here to vote |
Key events for Sula Vineyards Ltd
CLSA Maintains Buy Recommendation for Sula Vineyards - 13 May, 2024
Sula Vineyards is the market leader for wines in India and has a healthy EBITDA margin, allowing it to invest in category development. With rising middle class and fast income growth, wine consumption is expected to expand at 15% CAGR over the next 10 years. CLSA forecasts a 20% CAGR revenue growth between FY23-33 and maintains a buy recommendation with a price target of Rs 819.
Sula Vineyards Reports Decline in Q4 Results; Analysts Recommend Strong Buy - 11 May, 2024
Sula Vineyards reports decline in Q4 results with a decrease in topline and profit. However, analysts recommend a strong buy with a consensus recommendation. The company also declares a final dividend of ₹4.5.
CLSA Downgrades Sula Vineyards Amid Pressure on Top-Line and Margins - 10 May, 2024
Sula Vineyards' stock has been sliding, down 19% over the past three months. However, its fundamentals look strong despite CLSA's downgrade from buy to underperform, citing pressure on top-line and margins in FY25.
Sula Vineyards Shares Fall on Weak Q4 Results - 09 May, 2024
Sula Vineyards Ltd's Q4 FY24 net profit fell by 4.9%, leading to a 7% drop in share prices. However, the wine tourism business posted strong revenue growth of 31.3% YoY. The company also achieved its highest-ever revenue, EBITDA, and PAT for FY24.
Sula Vineyards Reports Decline in Q4 Net Profit - 08 May, 2024
Sula Vineyards reported a 4.85% decline in consolidated net profit for Q4 ended March 2024 and recommended a final dividend of Rs 4.50 per share. Despite steady demand for premium brands, mounting expenses led to the drop in profit.
Sula Vineyards to Focus on Premiumisation, Exits Low-Priced Segment - 30 Apr, 2024
Sula Vineyards, which owns 60% of the Indian wine market, is shifting its focus towards premiumisation and has exited the low-priced segment. The company's revenue crossed ₹600 crores in FY24, showing a YoY growth of 10%. Its tourism business surged by 22%, while the premium segment witnessed a growth of around 15%. Sula's army canteen business saw over 200% growth.
Fundamentals of Sula Vineyards Ltd
Insights on Sula Vineyards Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 11.34% to 13.85% in Mar 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 34.48% to 37.36% in Mar 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 17.94% to 20.03% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, KFin Technologies Ltd has given 133.9% return, outperforming this stock by 119.0%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 204.44 Cr → 126.37 Cr (in ₹), with an average decrease of 38.2% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 42.98 Cr → 13.55 Cr (in ₹), with an average decrease of 68.5% per quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 26.27% to 26.18% in Mar 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, SULA stock has moved down by -12.2%
Sula Vineyards Ltd Valuation
Sula Vineyards Ltd in the last 5 years
Lowest (31.23x)
December 23, 2022
Today (44.47x)
May 15, 2024
Industry (87.33x)
May 15, 2024
Highest (60.22x)
January 9, 2024
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 26.18% | 0.00 | |
| Foreign Institutions | 13.85% | 0.00 | |
| Mutual Funds | 20.03% | 0.00 | |
| Retail Investors | 37.36% | 0.00 | |
| Others | 2.59% | 0.00 |
Technicals of Sula Vineyards Ltd share
News & Events of Sula Vineyards Ltd
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Sula Vineyards Ltd (SULA) share price today is ₹496.5
Sula Vineyards Ltd is listed on NSE
Sula Vineyards Ltd is listed on BSE
- Today’s highest price of Sula Vineyards Ltd is ₹498.85.
- Today’s lowest price of Sula Vineyards Ltd is ₹493.25.
PE Ratio of Sula Vineyards Ltd is 44.47
PE ratio = Sula Vineyards Ltd Market price per share / Sula Vineyards Ltd Earnings per share
Today’s traded volume of Sula Vineyards Ltd(SULA) is 2.07L.
Today’s market capitalisation of Sula Vineyards Ltd(SULA) is ₹4150.12Cr.
| Sula Vineyards Ltd(SULA | Price |
|---|---|
52 Week High | ₹699 |
52 Week Low | ₹395.1 |
Sula Vineyards Ltd(SULA) share price is ₹496.5. It is down -28.97% from its 52 Week High price of ₹699
Sula Vineyards Ltd(SULA) share price is ₹496.5. It is up 25.66% from its 52 Week Low price of ₹395.1
| Sula Vineyards Ltd(SULA | Returns |
|---|---|
1 Day Returns | 4.7% |
1 Month Returns | -12.16% |
3 Month Returns | -20.36% |
1 Year Returns | 14.85% |